Steemit Crypto Academy Contest / S7W1 - Practical Guide on the best way to buy STEEM in Venezuela

in SteemitCryptoAcademy2 years ago

Hallo crypto lovers! 👋🏼

Welcome once again to my blog where I'm already ready to address the crypto adoption in my country, specially for the token of steem provided by your Proof of Brain (and also voting and interaction) developed in the Steemit platform. Now it's time to be focused on the Steem and crypto coins over Venezuela, do let's see what we have here.



Image taken from Pixabay and edited on InShot app


Level of crypto adoption

Digital assets based on Blockchain became so popular that our region couldn't get rid of this new financial era. So much that I recently heard about the one of first places around the world just behind Russia. A very reasonable fact for this isn't strange because the current economic crisis started since the beginning of N.M.'s government after the death of H.C.: citizens had to adopt them due to tighter sanctions for having dollars or surviving with so little money as salary. In order to increase life's quality, venezuelans learned to be creative and discovered this promising world to improve their conditions. Even into the Steemit ecosystem, the nation leads with Nigeria the main numbers of active users in a bigger proportion compared to other countries.



Many active users in Steem4Nigeria and Steem Venezuela


Ways to buy cryptocurrencies

Nowadays is easy to find several options to acquire this type of assets in the Latin America area, specially from Binance exchange which is one of the most powerful ones, but there were also good initiatives to facilitate that process for population. For example, I can mention Crypto Buyer where you are able to purchase in huge stores like Traki. Or @orinoco platform, the one to convert quickly these tokens to dollars or local money and viceversa.



Advertising of crypto buyers in Traki store


Getting Steem in Venezuela

Let's grab the step by step process to exchange any coin and then convert them to steems in order to get and visualize it at the Orinoco platform:

🔄Go to https://www.Orinoco.io to insert the user and password once registered there with personal details like your particulars, email and ID picture.



🔄Being possible to exchange in many ways as you wish among available options of coins, although not from bolívares to buy steems (just viceversa), select the NTO token or Néctar as bridge to make the respective conversion between them.



🔄Repeat the procedure at least two times to convert bolívares to NÉCTAR, then to steems. The involved bank account is previously registered into the platform.



🔄You'll have an open window for a freezed price to be picked by someone that will take your order and after this you'll have a half of an hour to make transfer from the bank, then exchanging the obtained NTO to steem tokens.



🔄Once finished all the process, a confirmation message will be displayed in the corresponding panel, just after your wallet in Steemit will be funded by Orinoco in few minutes. Easy, fast and practical.




Promising steem future

Day to day crypto adoption is getting more and more frequent and very fast plus easy, so Steem is not the exception in this opportunity, thanks to the companies like www.orinoco.io to obtain in exchange our local currency. With them, the procedure is as pleasant as making a good trip to the economical liberty. In the following years, with a good bunch of great success, more excellent authors will be hearing about Steemit and they will surely provide the necessary value that would pump the Steem coin, specially when situation is pushing us to be creative on finding alternatives to earn money instead from a normal job with so low salary guaranteed by the government.



Photograph obtained in Pixabay stock


Difficulties to exchange steems

Despite of certain popularity in the nation, there's still little options for exchanging the steem coin to an extra token in this Latin American nation. Would be humongous to have the acquisition with many other exchanges like BitGet or Kucoin which are being currently more popular and they're accepted to operate in Venezuela, not like those ones where it's impossible to convert our earned steems to other assets: except for Binance and Huobi for instance, I can't open a Bittrex account here in my area for that heavy reason. So, the key is to keep the fingers crossed for the day to be enlisted in those sites and then started enjoying a great performance with crypto steem coins.



Warning message during the creation of an account in Bittrex


Once finished the article like always, I appreciate any great and good feedback from your part in order to get nurtured of very great knowledge we are willing to share in the SCA space. Thank you so much in advance and have a happy Wednesday everyone. Regards.

👷🏻‍♀️>>~•Alegn@•~>🎶

The screenshots belongs to the respective platforms and they were taken by a Xiaomi Redmi7A cellphone camera in Venezuela.

*** See you in next post *** 📝

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Your post has been supported by @josepha from team 2 of the Community Curation Program, at 30%. We invite you to continue sharing quality content on the platform, and continue to enjoy support, and also a likely spot in our weekly top 7.
Voting date:

11/01/2023


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@alegnita Steem is a cryptocurrency and blockchain platform that is designed to power decentralized social media applications, such as Steemit. The platform uses a consensus algorithm called "proof-of-stake" to generate new tokens, which are distributed to users based on their contributions to the network, such as writing and curating content.
Orinoco is one of the platforms that allows user to buy or sell Steem cryptocurrency, this kind of platform is called Crypto exchange, that allow users to buy and sell different cryptocurrencies.
It is true that the use of cryptocurrency is becoming more widespread and that platforms like Orinoco can make it easier for people to use digital currencies like Steem in their daily lives. The value of Steem and other cryptocurrencies can be highly volatile and depend on many factors, including overall market sentiment, regulatory changes, and adoption by mainstream businesses and consumers.
It is also true that creative ways to earn money outside of traditional jobs can be beneficial, However, it is important to conduct thorough research and understand the risks involved with any investment or financial opportunity. Best of luck 🙂🙂

 2 years ago 

Yes, I understand your point of proof of stake, although the one from brain is really important to obtain your tokens by being creative with a very high quality of your content to have more success into the platform. Thank you for your comment.

 2 years ago 

I have not researched about Orinoco all these years but I have no doubt that it's a very popular exchange because I see users on Steemit sending out their Steem tokens through Orinoco and that shows that the exchange is not only popular but legit.

Also, the guide you made on how to buy Steem on the exchange looks very easy, I think it's very easy to buy Steem across the world. I use Binance in my country and they have different easy methods to buy Steem with very low or no charges.

 2 years ago (edited)

I really like it so much because is the best one for me to exchange my Steems to the local currency and then cover my monthly payments in a fast practical way. They're always very responsive. Binance does too but isn't available the steem conversion with B's in p2p service. Thank you so much for your comment. Regards to you.

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